Chartered Air Transportation Market

By Type;

Private Charter Services and Business Charter Services

By Application;

Passenger Transport and Cargo Transport

By End Use;

Corporates, Individuals, Government & Defense and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn887050306 Published Date: September, 2025 Updated Date: November, 2025

Chartered Air Transportation Market Overview

Chartered Air Transportation Market (USD Million)

Chartered Air Transportation Market was valued at USD 89,838.58 million in the year 2024. The size of this market is expected to increase to USD 161,090.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.


Chartered Air Transportation Market

*Market size in USD million

CAGR 8.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.7 %
Market Size (2024)USD 89,838.58 Million
Market Size (2031)USD 161,090.41 Million
Market ConcentrationMedium
Report Pages380
89,838.58
2024
161,090.41
2031

Major Players

  • Air Charter Service Group Ltd.
  • Air Transport Services Group, Inc. (ATSG)
  • Atlas Air Worldwide
  • Directional Aviation
  • Fly Victor Ltd.
  • GlobeAir AG
  • Jets.com
  • Jettly Inc.
  • JSX
  • Magellan Jets, LLC
  • NetJets Services, Inc.
  • Oxygen Aviation Ltd.
  • PT Garuda Indonesia (Persero) Tbk
  • VistaJet Group Holding Ltd.
  • Wheels Up Partners, LLC
  • XO Global LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Chartered Air Transportation Market

Fragmented - Highly competitive market without dominant players


The Chartered Air Transportation Market is expanding as travelers seek flexible and exclusive mobility options. About 52% of high-net-worth individuals now prefer charter services for their privacy, efficiency, and tailored experiences. This trend emphasizes the sector’s role in redefining premium travel.

Corporate Travel Driving Market Growth
Nearly 48% of business executives choose chartered flights for time-sensitive travel needs. The ability to create custom schedules and bypass airport congestion adds to its value in the corporate sector. This growing reliance demonstrates its impact on boosting productivity and executive convenience.

Luxury and Leisure Travel Adoption
Close to 44% of leisure travelers are opting for charter flights to enjoy personalized service, luxury facilities, and access to exclusive destinations. Rising interest in high-end travel experiences continues to drive demand. The segment is strengthening its presence among lifestyle-focused travelers.

Perceived Safety and Reliability Benefits
Around 56% of passengers associate chartered flights with greater safety, privacy, and reliability compared to commercial airlines. Reduced exposure to crowded spaces and the ability to travel directly to destinations enhance its appeal. These benefits are key in sustaining consumer confidence.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. End Use Application
    3. End Use End Use
    4. Market Snapshot, By Region
  4. Chartered Air Transportation Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Personalized Travel
        2. Rising Need for Time-Sensitive Cargo Transport
        3. Infrastructure Development
        4. Luxury Travel Trends
      2. Restraints
        1. Weather Disruptions
        2. Stringent Regulatory Requirements
        3. Security Concerns
      3. Opportunities
        1. Continued Advancements in Aircraft Technology
        2. Diversification of Service Offerings
        3. Collaborations with Travel Agencies
        4. Digital Transformation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Chartered Air Transportation Market, By Type, 2021 - 2031 (USD Million)
      1. Private Charter Services
      2. Business Charter Services
    2. Chartered Air Transportation Market, By Application, 2021 - 2031 (USD Million)
      1. Passenger Transport
      2. Cargo Transport
    3. Chartered Air Transportation Market, By End Use, 2021 - 2031 (USD Million)
      1. Corporates
      2. Individuals
      3. Government & Defense
      4. Others
    4. Chartered Air Transportation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Air Charter Service Group Ltd.
      2. Air Transport Services Group, Inc. (ATSG)
      3. Atlas Air Worldwide
      4. Directional Aviation
      5. Fly Victor Ltd.
      6. GlobeAir AG
      7. Jets.com
      8. Jettly Inc.
      9. JSX
      10. Magellan Jets, LLC
      11. NetJets Services, Inc.
      12. Oxygen Aviation Ltd.
      13. PT Garuda Indonesia (Persero) Tbk
      14. VistaJet Group Holding Ltd.
      15. Wheels Up Partners, LLC
      16. XO Global LLC
  7. Analyst Views
  8. Future Outlook of the Market